Asia Daily PP and PE Overview – 24 February 2020

Purchasing interest for import homo-PP is limited, especially in the local Indonesian market, where a major domestic producer slash spot prices by another $50/ton from last week.

19 Feb 2020

Asia Daily PP and PE Overview – 19 February 2020

Players are on the sideline with the expectation that market could soften further amid rising supply levels from several new plants across the region.

18 Feb 2020

Asia Daily PP and PE Overview – 18 February 2020

At the time of this report, a number of overseas suppliers have opened new PE offers to Vietnam and it is not a surprise that offers for LLDPE film have mostly fallen below the $900/ton threshold.

17 Feb 2020

Asia Daily PP and PE Overview – 17 February 2020

There are very limited new offers in the import market, though Southeast Asian buyers are monitoring closely the development in the nearby Chinese market in order to gauge the near-term trend.

14 Feb 2020

Asia Daily PP and PE Overview – 14 February 2020

The Southeast Asian market has been receiving a high number of export and re-export of homo-PP cargoes from Chinese suppliers since the beginning of the month.

11 Feb 2020

Asia Daily PP and PE Overview – 11 February 2020

Compared to the PP sector, it appears that the Southeast Asian PE market is more stable due to the lack of supply from the overseas suppliers.

10 Feb 2020

Asia daily PP and PE Overview – 10 February 2020

The move is speculated as a result of sluggish demand conditions in the near-by China market.

07 Feb 2020

Asia Daily PP and PE Overview – 7 February 2020

Despite the competitiveness of the cargo, it is important to note that buyers are not aggressive in off taking the cargoes due to the concerns over customs clearance and demand outlook.

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